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Council approves resolution authorizing closing on portion of Suntana property to Sunpro Corporation
Summary
Springville City Council approved a resolution authorizing the mayor to sign closing documents for roughly 28 acres of the Suntana property to Sunpro Corporation for just over $10 million; the agreement includes developer-installed infrastructure and credits related to additional lots and prior UDOT acquisitions.
Springville City Council voted to approve a resolution authorizing the mayor to sign documents to close on about 28 acres of the Suntana property to Sunpro Corporation for just over $10,000,000 and to recognize developer-installed infrastructure payments.
City staff explained the property — historically called the Suntana property because a racetrack once occupied the site — is adjacent to a new interchange off Interstate 15 and that the city became the owner of most of the roughly 55-acre parcel between 2014 and 2020. The Utah Department of Transportation previously acquired about…
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